BlackRock Event Driven Equity Fund Investor C Shares (BCLPX)
| Fund Assets | 4.73B |
| Expense Ratio | 2.27% |
| Min. Investment | $1,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.08% |
| Dividend Growth | 212.15% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 11, 2025 |
| Previous Close | 8.60 |
| YTD Return | 0.35% |
| 1-Year Return | 6.41% |
| 5-Year Return | 13.10% |
| 52-Week Low | 7.93 |
| 52-Week High | 8.65 |
| Beta (5Y) | n/a |
| Holdings | 248 |
| Inception Date | Dec 19, 2007 |
About BCLPX
BlackRock Event Driven Equity Fund Class C is a mutual fund designed to capitalize on companies experiencing transformative corporate actions. Its primary objective is long-term capital growth through investments mainly in equity and equity-related securities of firms undergoing or likely to undergo significant events such as mergers and acquisitions, spinoffs, restructurings, or management changes. The fund employs both long and short investment strategies, targeting developed markets across various sectors and market capitalizations, and occasionally using fixed income instruments to capture opportunities throughout a company's capital structure. As of mid-2025, the fund managed approximately $4.6 billion, with a diversified sector allocation including financials, industrials, technology, healthcare, and consumer-related industries. The portfolio actively adjusts exposures based on anticipated corporate catalysts, seeking to profit from the volatility and mispricing that these events can trigger. BlackRock Event Driven Equity Fund Class C is classified within the alternative event driven category, offering investors exposure to strategies distinct from traditional long-only equity or fixed income funds. This specialized approach plays a role in enhancing portfolio diversification, particularly for investors aiming to access returns linked to corporate activity rather than broad market movements.
Performance
BCLPX had a total return of 6.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.12%.
Top 10 Holdings
70.19% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - T-Fund | TSTXX | 13.48% |
| USD CASH(Alpha Committed) | n/a | 12.74% |
| CyberArk Software Ltd. | CYBR | 7.45% |
| Exact Sciences Corporation | EXAS | 6.64% |
| Chart Industries, Inc. | GTLS | 5.67% |
| Norfolk Southern Corporation | NSC | 5.45% |
| Frontier Communications Parent, Inc. | FYBR | 5.31% |
| Confluent, Inc. | CFLT | 5.13% |
| iShares iBoxx $ High Yield Corporate Bond ETF | HYG | 4.48% |
| Kenvue Inc. | KVUE | 3.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 11, 2025 | $0.10365 | Dec 12, 2025 |
| Jul 17, 2025 | $0.24001 | Jul 18, 2025 |
| Dec 19, 2024 | $0.11009 | Dec 20, 2024 |
| Dec 21, 2023 | $0.14377 | Dec 22, 2023 |
| Dec 21, 2022 | $0.18993 | Dec 22, 2022 |
| Jul 14, 2022 | $0.00717 | Jul 15, 2022 |